Temple, TX. – Aug. 30, 2016. – On August 25th, Connexxus, a nonprofit serving the convenience store and petroleum-dispensing market, and the National ATM Council (NAC) released their free collaborated reference guide: ATM Skimming Detection & Deterrence Guide. The guide lists a set of steps convenience retailers can take to ensure safe and secure transactions at in-store ATMs, and offer guidance on what to do when they have been compromised by a skimming device.
The guide defines ATM skimming as the theft of credit/debit card information by a device placed in, on, or around an ATM. These devices allow criminals to secretly record credit/debit card information (from the magnetic stripe) for later use in fraudulently producing counterfeit cards. ATM skimming can also include capturing customer PINs associated with the cards using a hidden micro camera that records the PIN digits. Keypad overlays and “shoulder surfing” are other methods.
“Our two organizations recognize the increased near term potential for card skimming at all POS/ATM terminals with U.S. EMV deployment, and we wanted to proactively address this threat here—as we have with fuel island payment security—and maintain a continued skimming-free environment for our ATM customers going forward. Other countries migrating to chip cards have already experienced near term spikes in card fraud, as the window closes on use of fraudulently obtained magnetic-strip data. Our guide will help c-store personnel and retail ATM providers ‘up their game’ to protect customers’ card data in advance of MasterCard’s ATM-EMV liability shift this October,” said Gray Taylor, Executive Director of Conexxus.
Conexxus and NAC are also providing a collaborative “Anti Skimming” webinar on September 15th; register for the webinar here.
CORD values the importance in providing customers with informative tools that will assist them when making business decisions. Staying up-to-date with ATM trends and topics is critical to ensure customers’ privacy and safety. It is highly recommended that the guide mentioned above is taken into consideration prior to the EMV deadline October 21, 2016. Please contact CORD if you require additional information at 800-410-5217.